Day: April 29, 2025

GR Silver Mining Ltd. has temporarily paused field work at its Plomosas Silver Project in Sinaloa, Mexico, due to regional security concerns, despite no incidents or threats at the project. The decision prioritizes safety, allowing time for enhanced government security measures. The company recently began a step-out drilling program to expand the San Marcial mineralization by 350 meters northwest and identified new silver targets. Work continues at the Rosario office, focusing on data modeling and planning a Bulk Sampling Test Mining program.

Orogen Royalties Inc. reported record 2024 revenue of $7.9 million, up 34%, and net income of $4.3 million, up 126% from 2023. Royalty revenue rose due to higher gold prices and Ermitaño Mine output. Prospect generation income fell 54%. The company, with $26.8 million in working capital, announced a $421 million acquisition by Triple Flag Precious Metals, including a spin-out company.